ARCO FEE

Operated by HALLWOOD PETROLEUM, INC. (P-5 347221) in the DEMPSEY CREEK (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97560District 03Field 24224500NGPA filingCondensateGasSaveExport
Value, all time
$436 k
Jan 1993 – Oct 1999
Value, last 12 filed months
$501
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1981-10-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/2009.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition22,296 bbl$376,103
GasProduction415,604 Mcf$59,674
Total$435,777

390,465 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.6812, -93.7028. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.68121, -93.70278 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,502 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,502 ft.

Completions filed
Jun 2000
1 of 1 wells
Plug dates filed
Dec 1998
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-35130355112,502 ftJun 2000Dec 1998Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (82)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

82 months

Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199926019.262.88$501
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199892012.592.08$1,158
Aug 1998184011.301.91$2,079
Jul 1998071611.742.24$1,602
Jun 19980011.242.24$0
May 19983417512.622.21$815
Apr 1998036013.042.51$902
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 199718313018.193.09$3,730
Oct 199719231619.253.15$4,691
Sep 19971931,10917.742.95$6,701
Aug 19971931,29417.862.55$6,753
Jul 19971943,53617.582.25$11,356
Jun 19971904,92917.242.26$14,401
May 19973574,19918.972.31$16,466
Apr 19971812,74417.882.08$8,951
Mar 19973612,02818.951.94$10,774
Feb 199701,77020.492.21$3,904
Jan 19971671,83323.483.54$10,409
Dec 19961858,33123.32$4,314
Nov 19963758,53121.97$8,239
Oct 19963608,06323.31$8,392
Sep 19963657,64422.22$8,110
Aug 19963606,84120.26$7,294
Jul 19963798,25519.55$7,409
Jun 19961948,03518.73$3,634
May 19963477,97919.43$6,742
Apr 19963235,90321.51$6,948
Mar 19963917,10419.38$7,578
Feb 19963912,17416.98$6,639
Jan 19961877,01117.07$3,192
Dec 19951926,49517.19$3,300
Nov 19953888,60116.00$6,208
Oct 199554810,58915.43$8,456
Sep 199536010,92316.18$5,825
Aug 19955408,02315.92$8,597
Jul 19951845,08015.24$2,804
Jun 19955423,83416.41$8,894
May 19953556,08017.56$6,234
Apr 199537510,58917.73$6,649
Mar 19953626,51116.44$5,951
Feb 19955497,91816.58$9,102
Jan 19953629,62615.92$5,763
Dec 19943599,65015.03$5,396
Nov 19945418,77915.90$8,602
Oct 19945408,96215.58$8,413
Sep 19943559,32215.29$5,428
Aug 19943599,41016.13$5,791
Jul 19945358,69817.56$9,395
Jun 19943578,72017.09$6,101
May 19943599,27715.88$5,701
Apr 19945078,57014.14$7,169
Mar 19947339,12112.46$9,133
Feb 19943657,47712.50$4,563
Jan 19943648,70912.66$4,608
Dec 19935508,50112.33$6,782
Nov 19931953,99614.49$2,826
Oct 19935668,50015.85$8,971
Sep 19933659,00915.03$5,486
Aug 19935319,19815.66$8,315
Jul 19933658,43415.46$5,643
Jun 19935718,02016.79$9,587
May 19935509,54417.68$9,724
Apr 19935679,34618.05$10,234
Mar 19935529,64418.14$10,013
Feb 19933749,10017.90$6,695
Jan 199357510,33816.93$9,735

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 1999 — as filed, then multipliedworked
Condensate            26 bbl  × $ 19.26 =       $501
Gas                    0 Mcf  × $  2.88 =         $0

────────────────────────────────────────────────────
Month total                                     $501

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/97560 is the state's own key, not one this site invented.